Lenders Reviews

Many normal working British people go from month to month being paid and near the end of the month ending up with no money left.  When an unexpected bill arrives you could be left in a very bad situation.  Help is at hand with same day payday loans.

Most pay day lenders are not too bothered about your credit history, and some even are no credit check, all they really care about is your payday for your cash advance.  Some online lenders can offer same day CHAPS payment with no extra charge to your bank account.   Online pay day loan websites or retail shop based one hour payday loans can involve a five minute application, instant approval for many people with many circumstances, nothing to fax or other paperwork to send through the mail.

It’s common for such companies to have friendly and helpful customer support, with an online account accessible 24 hours a day.  Some lenders have rates and fees that are around £20 per £100 borrowed, which equates to over 1000% APR. 

A costly Cash Advance?

It’s also possible to get extensions to your faxless payday loan too, but the interest will start to roll up.  It’s often that no fax payday loan companies require your debit card information so they can collect their payment for your cash advance.  You don’t have to have a debit card, although many pay day loan companies prefer it, your repayment can be done through a direct debit.

No fax lenders include Chase finance Limited, Payday Loans UK LTD, Flex Finance Limited, and Morses Club are all lenders with quite high interest rates compared with the Provedent who is a typical door to door loans man, that has been around a long time.

For first time borrowers, it’s often that no fax payday loan companies will only lend up to £300, but in the longer term they will lend up to £750.  Payday loans are only really for short term, and because they are at such high rates.

Quick payday loans and online cash advances are popular in London and Birmingham, but have the biggest market penetration in the North of England and Scotland, in particular Leeds, Bradford, Manchester and Glasgow.

They are less popular in Essex and Surrey.  Do not get so many payday loans that you need to consolidate payday loans as they are usually a very high interest rate.  If you are in the forces you could get a better deal with a choice of military payday loans.